Feb consumer spending and imcome rise

[Truthmatters]

Consumer spending, income jump in February

 

[boedicca]

I have a policy of not clicking on links for which the poster has neither the intellectual heft nor courtesy to provide any commentary.

 

[Mad Scientist]

This is the best part. "No Significant Inflation":

Inflation, as measured by a gauge tied to consumer spending, increased 1.3% in February compared with a year ago. That's well below the Federal Reserve's 2% target, giving the central bank room to keep stimulating the economy without having to worry about price pressures.

 

[SteadyMercury]

Interesting as I'd have expected the change in ss tax to at least have some impact but it hasn't done shit.

 

[boedicca]

Temporary tax credits and decreases don't affect behavior because people know they are temporary - just like stimulus spending is a big flat failure.

 

[mascale]

And so the Westernized religions of the world celebrate the murder of the same old Jew today. Likely the North Koreans are suggesting a nuclear approarch.

Jesus had opposed the law which was applied wrongfuly as usual. The famous Ten Commandments of Moses--and the rest of the law and prophets--were abomination even then. That law was supposed to be for humanity, without humanity being subservient to that law. Jesus knew about the law-enriched, even then. Humanity had gone further. "Exchangers" had been created. People with more could get more back. People with less could get less back, and indenture themselves into slavery. Slavery worked since the "means of production" created the sustenance required for production without need of currency. That would be a basic, "hunting and gathering," mode of survival. There was law enforcement to preserve a consuming urban class of rulers and artisans. The hoarding of currency would become centralized within an an oligarchy of abundant, valued, commodities.

Money in widespread circulation would generally commence after the invention of the printing press. Within 400 years, Karl Marx would propose the centralization of credit--money not based or originating in commodities. Within 50 years, the United States would create the federal reserve--a centralized credit and banking system. Within 100 years, commodity money would become irrelevant in the world's most massive consumer nation anywhere in history.

Ronald Reagan would eventually explode the credit market into a major income inequality mechanism--a so-called, "Trajectory," apparently admired. Central Government would "contract" with wealthy corporations for "defense" necessities--not-called, "over-kill" capability. Mostly, lower income neighborhoods would not be engaged. Drug wars would ensue--block by block. Hollywood would create an entire new culture! Tinsel-Town would thrive off of "credit" economics--and become even inventive at accounting.

So like in all of history--shown in Matthew 24:14-30, the rich would get richer, the poor cast out--and instead of getting richer, less and less humanity would be engaged in the "household" economy. Only twenty years ago, 2/3 of the peoples of the world had no access to public sanitation, or potable water supplies.

In Matthew 20:1-16, all persons particpate in an initial increase of credit--even though there was none. All participants have a daily spending allotment. A free market untainted from currency distribution inequities is created so that it can flourish. A real test of human preferences happens.

Currently, more people want nuclear bombs than anything else: According to the free market(?)! That market would be said a tainted and stained--Ronald Reagan Trajectory.

And so it really can't pay things off. Someday, even a European banker may come to figure this out. The creation of credit requires an ammortization basis--an actual thriving free market.

Essentially--Rather than stupidly thought of economies, with "Too much money chasing too few goods and services," creating inflation: There is credit owner one paying credit owner two, paying credit owner three, paying credit owner four. . . .da da da, da da dah, until oops! There is abundance of money, but there is no inflation. Even the credit market crashes.

Homeowners in the United States recently noted what happens to them in the absence of asset inflation.

Everyone is rich, with no need to buy--Kind of like basic social and public services in Mumbai, which is in Ghandi's India of the famous fakirs! The U. S. Homeowner and the Fakir-land basic services consumers are both trapped in stupid, "Ivy League" kinds of reasoning.

There is abundance of credit. There is usually no need of electricity in some parts of the world to buy! The price inflation is zilch. When demand is high, there is nothing to buy. Even the price of credit is reduced. There is abundance of credit. No one can afford to actually sell the underwater property.

And still the law is found sane. The death of the poor, dumb Jew happens deja vu, and over again. It's religion(?)! Likely historians--Ivy League--can agree!

"Crow, James Crow: Shaken, Not Stirred!
(Wheelbarrow manufacturers in pre-Nazi Germany, of course, might want to be thought an exception.)

 

[EdwardBaiamonte]

I have a policy of not clicking on links for which the poster has neither the intellectual heft nor courtesy to provide any commentary.

Liberals are so slow they figure that if someone else wrote it, it must be true and part of the phenomenological world they know subjectively to be Godly. After all, they feel deep in their bleeding hearts that liberalism is correct even if they themselves have no ability whatsoever to explain why.

 

[SteadyMercury]

Liberals are so slow they figure that if someone else wrote it, it must be true

Well to be fair you are a fairly well documented pathological liar on these forums so you really shouldn't be lecturing about truth right? Maybe first invest your time in addressing the mental illness that is underlying cause for your chronic lying eh?

 

[EdwardBaiamonte]

Liberals are so slow they figure that if someone else wrote it, it must be true

Well to be fair you are a fairly well documented pathological liar on these forums so you really shouldn't be lecturing about truth right? Maybe first invest your time in addressing the mental illness that is underlying cause for your chronic lying eh?

typical liberal ad hominem because a liberal will lack IQ for substance

 

[SteadyMercury]

typical liberal ad hominem because a liberal will lack IQ for substance

Ah the poor guy who can't manage a post without shouting out the (clearly mistaken) believe that other posters have lower IQs is now worked up about ad hominem.

Sorry dude, you have clearly demonstrated you are a compulsive liar, so everything you post should be taken with a gain of salt the size of pluto.

 

[EdwardBaiamonte]

typical liberal ad hominem because a liberal will lack IQ for substance

Ah the poor guy who can't manage a post without shouting out the (clearly mistaken) believe that other posters have lower IQs is now worked up about ad hominem.

Sorry dude, you have clearly demonstrated you are a compulsive liar, so everything you post should be taken with a gain of salt the size of pluto.

Liberals are so slow they figure that if someone else wrote it, it must be true and part of the phenomenological world they know subjectively to be so Godly. After all, they feel deep in their bleeding hearts that liberalism is correct even if they themselves have no ability whatsoever to explain why.

 

[SteadyMercury]

Liberals are so slow they figure that if someone else wrote it, it must be true and part of the phenomenological world they know subjectively to be so Godly. After all, they feel deep in their bleeding hearts that liberalism is correct even if they themselves have no ability whatsoever to explain why.

Yup you keep grinding your ax vs. the evil liberals that haunt your sad, insane, shallow little ideologically drive mind.

I'm curious though, does being a pathological liar make it hard to maintain personal relationships? Don't people figure you out eventually?

 

[EdwardBaiamonte]

Liberals are so slow they figure that if someone else wrote it, it must be true and part of the phenomenological world they know subjectively to be so Godly. After all, they feel deep in their bleeding hearts that liberalism is correct even if they themselves have no ability whatsoever to explain why.

Yup you keep grinding your ax vs. the evil liberals that haunt your sad, insane, shallow little ideologically drive mind.

I'm curious though, does being a pathological liar

If the liberal has evidence of even one lie I'll pay you $10,000. Bet or run away with your liberal tail betwen your legs.


See why we say a liberal will be slow, so very very slow??

 

[Trajan]

This is the best part. "No Significant Inflation":

Inflation, as measured by a gauge tied to consumer spending, increased 1.3% in February compared with a year ago. That's well below the Federal Reserve's 2% target, giving the central bank room to keep stimulating the economy without having to worry about price pressures.

the QEs are a time bomb, and believe me, they will blow...sorta like the Germans quipping in 44 and 45, 'enjoy the war, peace is going to be hell...'

 

[EdwardBaiamonte]

the QEs are a time bomb,

Can you say why or must you admit your liberal IQ prevents you from doing so??

Slow????

 

[Trajan]

the QEs are a time bomb,

Can you say why or must you admit your liberal IQ prevents you from doing so??

Slow????

I am not a liberal you twit.

 

[Dugdale_Jukes]

the QEs are a time bomb,

Can you say why or must you admit your liberal IQ prevents you from doing so??

Slow????

Oh my, Edmund!
Did you lose your dance cards?
Trashing Trajan with the usual nonsense is priceless.

And, well, uh, does the superior conservative mind inside your head understand QE?
Clue: it's not a cruise ship that docks on the lower west side of Manhattan.

 

[EdwardBaiamonte]

the QEs are a time bomb,

Can you say why or must you admit your liberal IQ prevents you from doing so??

Slow????

Oh my, Edmund!
Did you lose your dance cards?
Trashing Trajan with the usual nonsense is priceless.

And, well, uh, does the superior conservative mind inside your head understand QE?
Clue: it's not a cruise ship that docks on the lower west side of Manhattan.

the QEs are a time bomb??? Can the liberal say why or must he admit too that he lacks the IQ to do so??

 

[Dugdale_Jukes]

Can you say why or must you admit your liberal IQ prevents you from doing so??

Slow????

Oh my, Edmund!
Did you lose your dance cards?
Trashing Trajan with the usual nonsense is priceless.

And, well, uh, does the superior conservative mind inside your head understand QE?
Clue: it's not a cruise ship that docks on the lower west side of Manhattan.

the QEs are a time bomb??? Can the liberal say why or must he admit too that he lacks the IQ to do so??

So European, Edmund, with 'the QEs'. While there are several rounds of QE, the only people who say "the QEs" are French. Is 'BelaMounted' French? if so, you get a bye on that.

But I digress...

QE is short for "quantitative easing" a relatively new term for the FED buying securities. Reagan pioneered it toward the end of his regency after nutball deregulation crashed the stock market and destroyed the S&L industry, but the name didn't come until Junebug's time. The first person I remembe using the term is Ben Breakthebanke.

Before Reagan the primary methods of increasing liquidity in the economy were printing money and earmark spending on pork projects. Since FriedmaNUTics became the rule, nutballs have pressed the FED to buy PRIVATE securities as well as treasuries.

In sum, QE is criminal malfeasance legalized by you nutballs.

Again, I digress...

What makes it a ticking timebomb was the issue, was it not?

At some point if faith is not restored QE breaks the bank or induces serious inflation. The second is bad; the first is catastrophic. Neither can be bailed out a la Bush League panic management.

So all you nutballs need to start spending. Buy buy buy. Get the money out of that jar on on the bar, boys and girls. Wall Street needs to see some signs of faith among the stupidest consumers in America before much is going to change.

 

[EdwardBaiamonte]

In sum, QE is criminal malfeasance legalized by you nutballs.

too stupid!! Conservatives have always wanted hard money while easy money has always been liberal. ever heard of Wilim Jennings Bryan??? Welcome to your first lesson in Econ 101

See why we say slow??